Details of 54 EC Capital Gains Bonds of NHAI for the year 2010-11

 

 

 

Credit Rating

“ AAA/Stable” by CRISIL and “ AAA(ind)(Affirmed)” by Fitch Ratings 

Face Value

Rs. 10000/- per Bond

Issue price

Rs. 10000/- per Bond

Minimum application size

One Bond of Rs. 10,000/- 

Maximum application size

Five Hundred Bonds of Rs. 10,000/- each (Rs. 50,00,000 ) subject to fulfillment of other conditions as specified in Income Tax Act.

Mode of Subscription

100% on application

Deemed Date of Allotment

Last day of each month for application money cleared and credited in NHAI’s collection account

Transferability

The Bonds are non-transferable, non-negotiable and cannot be Offered as a security for any loan or advance

Maturity

3 years from Deemed Date of Allotment

Interest payment

Annual

Coupon rate

6.00%  payable annually.

Redemption

Bullet, at the time of Maturity after 3 years 

Trustee

Syndicate Bank, 6, Bhagwan Dass Road, New Delhi-01

Availability of the prospectus and application form

Across the country with Union Bank of India/IDBI Bank and Selected Branches of other Bank as details in IM,NHAI Offices,Selected SEBI Registered Category-I Merchant Bankers 

Bankers

All the Branches of  Union Bank of India/IDBI Bank & Selected branches of HDFC Bank, Canara Bank, Punjab National Bank & Syndicate Bank. For details of bank branches please refer Information Memorandum (IM).

Ceiling

Rs.4000 Crore

Date of Allotment

At the last day of every month

Date of Start

05.04.2010

Date of Closure

31.03.2011

Applicable Laws

Income Tax Act 1961 and NHAI Act

Registrar

M/s Beetal Finacial & Computer Services (P) Ltd, "Beetal House",3rd Floor, 99, Madangir,Behind Local Shopping Centre, New Delhi-110062 , ph. 011-29961281-83, Fax - 011-29961281-83,Email- beetal@beetalfinancial.com

TDS

No TDS from domestic investors

 

SEBI Registered Category-I Merchant Bankers can become Arrangers for the issue.  In case they intend to become Arrangers, they may contact NHAI.

For detailed prospectus, please click here .For any further information, please contact  Sh. S.K.Chauhan,   Manager (F&A) at skchauhan@nhai.org or at Ph. No.011-25093517 , 25074100-200 Extn. 2479. 

The Applicants can download application  forms from this website and deposit completed forms to the designated bank branches. The bank branches will allot the required application form number and will accept the application. For application form , please Click here

 

 

 

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